A winner of the UK lottery draw recently was Kevin Halstead who, despite winning £2.3 million, has decided to keep his job driving a bus for seventeen years. “I don’t want to pack my job in. I asked my boss for time off, a month maybe two, but I don’t want to cut myself off from my friends and I really enjoy my job,” he said. Mr Halstead will however buy his daughter a pony and is looking to move home back into the village of his birth.
Players of the British National Lottery must imagine what it would be like to win the top prize but what are the chances of winning in the same way as Mr Halstead?
Players of the British National Lottery must imagine what it would be like to win the top prize but what are the chances of winning in the same way as Mr Halstead?
Actually the odds are roughly the same as becoming an astronaut. Winning the jackpot has been calculated as 1 in 13 983 816 while being struck by lightning stands at 1 in 2.32 million. The mathematician Bill Hartson has worked out that a person could purchase £100 000 worth of tickets every time the jackpot rolls over and reduce the odds of winning to 1 in 14.
Everyone concentrates on the top prize but of course there are several other chances to win money available. On average one million players will win a prize of some description every week. Jackpot winners have to match all six numbers selected from 1 to 49 but prizes are also won with between five and three balls matched. The money available in these lower prizes ranges from £100 000 to £10 and the probability of winning drops from 1 in 2.3 million to 1 in 56.7.
A more efficient way of playing the UK lottery draw would be to join a group and play as a syndicate. Any money won by a member would be distributed among the group. This improves the chances of a member winning money considerably. One in four of the jackpots won tend to be collected by syndicates.
The Internet publicises several ways to improve the odds in the lottery but one of the most interesting is the Elottery system. The initial advantages are mathematical: for five pounds a week each member enters forty-four times into both the weekly draws (on Wednesday and Saturday) as a member of a syndicate of forty-nine players. Members actually only select five numbers each and the sixth number is selected in turn from each of the remaining forty-four. The probability of receiving a prize thus reduces to 1 in 13, which represents a 702% improvement.
A more efficient way of playing the UK lottery draw would be to join a group and play as a syndicate. Any money won by a member would be distributed among the group. This improves the chances of a member winning money considerably. One in four of the jackpots won tend to be collected by syndicates.
The Internet publicises several ways to improve the odds in the lottery but one of the most interesting is the Elottery system. The initial advantages are mathematical: for five pounds a week each member enters forty-four times into both the weekly draws (on Wednesday and Saturday) as a member of a syndicate of forty-nine players. Members actually only select five numbers each and the sixth number is selected in turn from each of the remaining forty-four. The probability of receiving a prize thus reduces to 1 in 13, which represents a 702% improvement.
There is no doubt the UK lottery draw is always going to be just that: a lottery. Schemes do exist to improve a player’s chances in the draw and syndicates do seem to be a smarter way to play the British National lottery.
Should you wish to find out more about playing the lottery or even earning an income from it, please visit UK lottery draw.
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